Marks & Spencer
Retail
Reliance Retail rejig: Ex-Walmart China execs Cissell & Gray to join as CEO & COO
The retail subsidiary of India's largest private company is set for a top-level churn for the second time in two years as the country gears up to open its food and grocery retail market to foreign companies . Reliance...
Retail
Sainsbury lands Ocado man in online drive
J Sainsbury has landed a new boss for its online business from internet specialist Ocado and created a position overseeing digital strategy, as Britain's retailers jostle for position in fast-growing e-commerce markets.
The country's third-biggest supermarket group said on Thursday...
Retail
Inditex closes in on top spot
Inditex, owner of the Zara fashion chain, is on the brink of overtaking Sweden’s Hennes & Mauritz to become the world’s most valuable listed fashion retailer, highlighting the companies’ divergent performance over recent months.The Spanish retailer’s market capitalisation briefly...
Retail
Debenhams in talks to open branches in US Sears stores
Debenhams, the department store retailer, could soon enter the US retail market by opening space in Sears stores. The two retailers are understood to be in early discussions about Debenhams opening concession or franchise areas in Sears outlets across...
Retail
Marks & Spencer reveals 13 per cent profit rise and store revamp
High street bellwether Marks & Spencer narrowly beat City expectations on Tuesday by declaring a 13 per cent increase in profits in its last financial year.The retailer also gave an update on its revamped store design, a result, it...
Retail
Marks & Spencer boss Marc Bolland has his eye on a return to the US market
Marks & Spencer boss Marc Bolland used his first set of annual results to signal that a return to the American market is on the cards for Britain’s biggest clothing retailer.In an unguarded moment, the Dutchman explained cracking the...
Retail
M&S to open 10 more stores in India, will focus on Delhi
British retail major Marks & Spencer has announced plans to open 10 new stores in India over the next year in collaboration with its partner, Reliance Retail. M&S chief executive Marc Bolland said,"Working with our partner, Reliance Retail ,...
Retail
Discount retail back in fashion as consumers adjust to austere times
Despite a dreadful start to the year for the high street, consumers are spending strongly again in one part of the retail sector, with Britain's discount grocers and Primark, the value fashion chain, welcoming ever more bargain hunters in...
Retail
Phoenix Mills to fly on rising lifestyle spend
The organised retail in India is witnessing substantial action on back of changing lifestyles and higher discretionary spending by people. Phoenix Mills, a well known real estate company in Mumbai, would benefit from its new retail projects getting operational...
Retail
Tata’s Trent hires CEO from UK
Almost eight months after Noel Tata stepped down as managing director of Trent, retail arm of the Tata Group, the company said it had appointed Philip Auld as chief executive officer.Auld is a retail industry veteran from Britain, who...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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